Analysis of Islamic estate distribution preferences: Analytical hierarchy process approach

Mohd Khairy Kamarudin, and Mohd Asrul Hery Ibrahim, and Nor Azilawati Ahmad, and Azwan Abdullah, and Siti Fariha Mohamad, (2016) Analysis of Islamic estate distribution preferences: Analytical hierarchy process approach. Social Sciences (Pakistan) , 11 (7). pp. 1318-1321. ISSN 1818-5800

[img]
Preview
PDF
41Kb

Official URL: http://dx.doi.org/10.3923/sscience.2016.1318.1321

Abstract

Estate distribution is important to the economic development among Muslims. It must be distributed properly to avoid estate being frozen and become uneconomic to the society. For Muslims deceased's estate, there are three methods of distribution which are faraid, muafakat and takharruj. It is the aim of this study to identify the preferred distribution that the heirs will choose in the event of death. The Analytical Hierarchy Process (AHP) is utilised to show how the heirs rank these methods of distribution based on their preference. The questionnaire is employed to gather the respondents' information. This study indicates that the heirs prefer to distribute the estate based on faraid share compared to other methods. This study also recommends that the community should be exposed to other methods of distribution which best suited to their needs.

Item Type:Article
Uncontrolled Keywords:AHP, Faraid, Heirs, Islamic estate distribution preference, Muafakat takharruj
Subjects:H Social Sciences > HG Finance
Divisions:FACULTY > Faculty of Business, Economics and Accounting
ID Code:13873
Deposited By:IR Admin
Deposited On:12 Aug 2016 11:16
Last Modified:12 Aug 2016 11:16

Repository Staff Only: item control page


Browse Repository
Collection
   Articles
   Book
   Speeches
   Thesis
   UMS News
Search
Quick Search

   Latest Repository

Link to other Malaysia University Institutional Repository

Malaysia University Institutional Repository